Toyo Trust Joins Sanwa and Tokai,
Will Focus on Asset Administration

TOKYO -- Japan's third-largest banking group adopted a new member into its alliance and will break new ground by streamlining that member's business.

Sanwa Bank Ltd. and Tokai Bank Ltd., which plan to form a financial holding company by April of 2001, said they will add Toyo Trust & Banking Co. to their group. Toyo is one of six major Japanese banks that specialize in the custody and administration of securities and other assets.